Hi, I created a payrun before christmas but have just realised when the payment was made from the bank account two employees were overpaid.
How do I match in bank feeds, obviously an entry will need to be created.
Also, I will then need to rectify the overpayment in the next payrun.
Hey Formula2016,
Since two employees were overpaid, you can sort this by creating a void pay for each of them using the overpaid amounts from that bank feed transaction. This allows you to match those two payroll entries back to the single bank withdrawal so everything reconciles. When you record each void pay, add a quick note that the extra amount will be taken off their next pay, and in that next pay run just reduce their net pay by the same figure so it all evens out.
Cheers,
Doreen
Thank you very much.
